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St George Mining Ltd.
Summary
| Project: | Mt Alexander | |
|---|---|---|
| Deposit: | Cathedrals, Investigator | |
| Location: | Australia | |
| Commodities: | Nickel-Copper | |
| Date: | 5/10/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 10-5-2017: St George Mining Ltd. announces an Exploration/Drilling Update report for its Cathedrals, Investigator deposit at the Mt Alexander project. pXRF analysis shows 3.25m of readings averaging 9% Ni, 2% Cu from 64.55m. St George Mining Limited (ASX: | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Matthew McCarthy (Internal) | |
| ABSTRACT: | St George Mining Limited (ASX: SGQ) (‘St George Mining’ or ‘the Company’) is pleased to announce that drilling at the Mt Alexander Project in Western Australia continues to deliver outstanding results with multiple, new intersections of massive nickel-copper sulphides. MAD60 was completed at the Investigators Prospect to test a DHEM plate associated with SAMSON Anomaly 7 and has intersected a 20.6m thick mineralised ultramafic that included 4.88m of massive and matrix sulphides from 157.8m downhole. Two intervals of massive sulphides were intersected (3m and 0.3m thick) with average values of 6.3%Ni and 4.3%Cu (based on portable XRF readings). At the Cathedrals Prospect, MAD59 has intersected a 3.25m thick interval of nickel sulphide mineralisation with average values of the massive sulphide (1.25m total thickness) of 9%Ni and 2%Cu (based on portable XRF readings). St George Mining Executive Chairman, John Prineas said: “The intersection in MAD60 is the thickest massive sulphide mineralisation encountered at the Investigators Prospect to date, and represents an important milestone which supports the ongoing prospectivity at Investigators. “At the Cathedrals Prospect, the drill results continue to extend the shallow high grade mineralisation with further massive nickel-copper sulphides intersected only 60m below surface. | |
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